Colorado Statutes

§ 32-11-531 — Securities constituting indebtedness

Colorado § 32-11-531
JurisdictionColorado
Title 32Special
Art.Urban Drainage and Flood Control Act

This text of Colorado § 32-11-531 (Securities constituting indebtedness) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 32-11-531 (2026).

Text

(1)Any outstanding general obligation bonds, any temporary general obligation bonds to be exchanged for such definitive bonds, and any general obligation interim debentures constitute outstanding indebtedness of the district and exhaust the debt-incurring power of the district under the debt limitation pertaining thereto in section 32-11-534.
(2)Any general obligation notes and general obligation warrants shall be issued within budget limitations and unencumbered appropriations and shall not constitute indebtedness.

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Legislative History

Source: L. 69: p. 772, � 73. C.R.S. 1963: � 89-21-73.

Nearby Sections

15
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Bluebook (online)
Colorado § 32-11-531, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/32/32-11-531.